diff --git a/README.md b/README.md
index 8d23a77cef..7169d05e12 100644
--- a/README.md
+++ b/README.md
@@ -84,6 +84,16 @@ $ bin/vault
 ...
 ```
 
+To compile a development version of Vault Enterprise, run `make premdev`. Keep in mind this binary will contain a perpetual built-in license and should thus be protected from unauthorized use. Running `make premdev` will
+put the Vault binary in the `bin` and `$GOPATH/bin` folders:
+
+```sh
+$ make premdev
+...
+$ bin/vault
+...
+```
+
 To compile a development version of Vault with the UI, run `make static-dist dev-ui`. This will
 put the Vault binary in the `bin` and `$GOPATH/bin` folders: